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  • ARGENTINA: OECD Invites Country To Participate In Steel Committee The Organization for Economic Co-operation and Development (OECD) officially invited Argentina to join its Steel Committee. The invitation was made by the Secretary-General of the organization, Angel Gurr?a, based on a recommendation of the committee itself, aimed at obtaining a broader perspective on steel issues in South America. According to the document sent to the Argentinean Undersecretary of Foreign Trade, Shunko Rojas, OECD said that "the participation of Argentina is expected to generate mutual benefits in the form of greater transparency of the market developments and policies that are developed around the world." Argentina must send its acceptance as a participant at its next meeting, on September 28 and 29. The next session of the Steel Committee will be held on March 5 and 6, 2018. The country had ceased its participation in September 2014. The OECD Steel Committee is a forum for governments to add..

    ARGENTINA: OECD Invites Country To Participate In Steel Committee

    ARGENTINA: OECD Invites Country To Participate In Steel Committee The Organization for Economic Co-operation and Development (OECD) officially invited Argentina to join its Steel Committee. The invitation was made by the Secretary-General of the organization, Angel Gurr?a, based on a recommendation of the committee itself, aimed at obtaining a broader perspective on steel issues in South America. According to the document sent to the Argentinean Undersecretary of Foreign Trade, Shunko Rojas, OECD said that "the participation of Argentina is expected to generate mutual benefits in the form of greater transparency of the market developments and policies that are developed around the world." Argentina must send its acceptance as a participant at its next meeting, on September 28 and 29. The next session of the Steel Committee will be held on March 5 and 6, 2018. The country had ceased its participation in September 2014. The OECD Steel Committee is a forum for governments to add..
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  • OECD Says Global Growth Improving, But Self Sustained Recovery Not Secured Global growth momentum has improved and is more broad-based now, yet a self-sustained recovery is far from secured as inflation remains subdued and there exists an unmet need for structural reforms, the Organization for Economic Cooperation and Development said Wednesday. The world economy is set to expand 3.5 percent this year and 3.7 percent next year, the Paris-based think tank said in an interim update for its economic projection. Global growth was 3.1 percent in 2016. The growth forecast for this year was unchanged from the economic outlook report released in June, while the projection for next year was raised by 0.1 point. Expanding investment, employment and trade support have synchronized growth across most countries, the report said. However, the recovery of business investment and trade remain too low to sustain healthy productivity growth, the OECD said. Further, wage growth has been disap..

    OECD Says Global Growth Improving, But Self Sustained Recovery Not Secured

    OECD Says Global Growth Improving, But Self Sustained Recovery Not Secured Global growth momentum has improved and is more broad-based now, yet a self-sustained recovery is far from secured as inflation remains subdued and there exists an unmet need for structural reforms, the Organization for Economic Cooperation and Development said Wednesday. The world economy is set to expand 3.5 percent this year and 3.7 percent next year, the Paris-based think tank said in an interim update for its economic projection. Global growth was 3.1 percent in 2016. The growth forecast for this year was unchanged from the economic outlook report released in June, while the projection for next year was raised by 0.1 point. Expanding investment, employment and trade support have synchronized growth across most countries, the report said. However, the recovery of business investment and trade remain too low to sustain healthy productivity growth, the OECD said. Further, wage growth has been disap..
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  • OECD Sees Further Uptick In Global Growth In 2018 The global economy is set for a further uptick next year, but strong sustainable, and inclusive medium-term growth is not yet secured, the Organisation for Economic Co-operation and Development said in its Interim Economic Outlook, released Wednesday. The global economy is forecast to grow 3.5 percent this year and 3.7 percent in 2018, with industrial production and trade picking up and further acceleration in the rebound of technology spending. The projection for 2017 was left unchanged, while the outlook for 2018 was revised up from 3.6 percent. In the United States, growth is estimated at 2.1 percent in 2017 and 2.4 percent in 2018, supported by stronger consumer spending and business investment. Citing stronger growth in key European countries, euro area is projected to grow 2.1 percent in 2017 and 1.9 percent in 2018. In the United Kingdom, the previously identified growth slowdown is expected to continue through 2018..

    OECD Sees Further Uptick In Global Growth In 2018

    OECD Sees Further Uptick In Global Growth In 2018 The global economy is set for a further uptick next year, but strong sustainable, and inclusive medium-term growth is not yet secured, the Organisation for Economic Co-operation and Development said in its Interim Economic Outlook, released Wednesday. The global economy is forecast to grow 3.5 percent this year and 3.7 percent in 2018, with industrial production and trade picking up and further acceleration in the rebound of technology spending. The projection for 2017 was left unchanged, while the outlook for 2018 was revised up from 3.6 percent. In the United States, growth is estimated at 2.1 percent in 2017 and 2.4 percent in 2018, supported by stronger consumer spending and business investment. Citing stronger growth in key European countries, euro area is projected to grow 2.1 percent in 2017 and 1.9 percent in 2018. In the United Kingdom, the previously identified growth slowdown is expected to continue through 2018..
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  • *OECD: US GDP To Expand 2.1% In 2017, 2.4% In 2018 OECD: US GDP To Expand 2.1% In 2017, 2.4% In 2018

    *OECD: US GDP To Expand 2.1% In 2017, 2.4% In 2018

    *OECD: US GDP To Expand 2.1% In 2017, 2.4% In 2018 OECD: US GDP To Expand 2.1% In 2017, 2.4% In 2018
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  • *OECD: Further Policy Action Needed To Ensure Sustainable And Inclusive Growth OECD: Further Policy Action Needed To Ensure Sustainable And Inclusive Growth

    *OECD: Further Policy Action Needed To Ensure Sustainable And Inclusive Growth

    *OECD: Further Policy Action Needed To Ensure Sustainable And Inclusive Growth OECD: Further Policy Action Needed To Ensure Sustainable And Inclusive Growth
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  • *OECD: Global Economy To Grow 3.5% In 2017, 3.7% In 2018 OECD: Global Economy To Grow 3.5% In 2017, 3.7% In 2018

    *OECD: Global Economy To Grow 3.5% In 2017, 3.7% In 2018

    *OECD: Global Economy To Grow 3.5% In 2017, 3.7% In 2018 OECD: Global Economy To Grow 3.5% In 2017, 3.7% In 2018
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  • OECD out with its latest forecasts 20 Sept - unchanged from June f/c - 2018 increased to 3.8% vs 3.7% prev - U.S. Growth Of 2.1% In 2017, 2.4% In 2018 (both unchanged) The report doesn't carry any weight with fx prices but serves well as general info.

    OECD keeps 2017 world economic growth forecast at 3.5%

    OECD out with its latest forecasts 20 Sept - unchanged from June f/c - 2018 increased to 3.8% vs 3.7% prev - U.S. Growth Of 2.1% In 2017, 2.4% In 2018 (both unchanged) The report doesn't carry any weight with fx prices but serves well as general info.
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  • Related Stories U.S. to tackle 'challenging' issues in next round of NAFTA talks WASHINGTON -- Seeking to bolster its case for tougher rules of origin in the North American Free Trade Agreement, the Trump administration released a new study on Friday that shows U.S. value-added content is declining for manufactured goods imported from Mexico and Canada. The Commerce Department analysis of recently released OECD trade in value-added data found that U.S. content in automotive imports from Mexico declined to 18.1 percent in 2011 from 26.5 percent in 1995. U.S. content in automotive imports from Canada declined to 26.4 percent from 34.9 percent over the same period. At the same time, automotive value added content from non-NAFTA countries in Mexican auto imports rose to 29.5 percent from 13.2 percent. China has seen the fastest growth in that component, to 5.8 percent in 2011 from a scant 0.3 percent in 1..

    U.S. study argues for tougher rules of origin under NAFTA

    Related Stories U.S. to tackle 'challenging' issues in next round of NAFTA talks WASHINGTON -- Seeking to bolster its case for tougher rules of origin in the North American Free Trade Agreement, the Trump administration released a new study on Friday that shows U.S. value-added content is declining for manufactured goods imported from Mexico and Canada. The Commerce Department analysis of recently released OECD trade in value-added data found that U.S. content in automotive imports from Mexico declined to 18.1 percent in 2011 from 26.5 percent in 1995. U.S. content in automotive imports from Canada declined to 26.4 percent from 34.9 percent over the same period. At the same time, automotive value added content from non-NAFTA countries in Mexican auto imports rose to 29.5 percent from 13.2 percent. China has seen the fastest growth in that component, to 5.8 percent in 2011 from a scant 0.3 percent in 1..
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  • UK Retail Sales Rise Most In 4 Months UK retail sales grew the most in four months in August as consumers spend more despite higher inflation, vindicating a possible stimulus withdrawal in the months ahead. According to data published by the Office for National Statistics, the retail sales volume including auto fuel advanced 1 percent in August from July, the biggest growth in four months, exceeding the expected rate of 0.2 percent and July's increase of 0.6 percent. Sales increased for the third straight month and a similar sequence of growth was last reported in the first half of 2015. Excluding auto fuel, retail sales also climbed 1 percent in August after rising 0.7 percent a month ago. Sales were expected to rise slightly by 0.1 percent. Food store sales gained 0.2 percent and non-food store sales advanced 0.9 percent. Clothing and footwear sales dropped 0.2 percent, while auto fuel sales climbed 0.6 percent. Year-on-year retail sales volume growth improved to ..

    UK Retail Sales Rise Most In 4 Months

    UK Retail Sales Rise Most In 4 Months UK retail sales grew the most in four months in August as consumers spend more despite higher inflation, vindicating a possible stimulus withdrawal in the months ahead. According to data published by the Office for National Statistics, the retail sales volume including auto fuel advanced 1 percent in August from July, the biggest growth in four months, exceeding the expected rate of 0.2 percent and July's increase of 0.6 percent. Sales increased for the third straight month and a similar sequence of growth was last reported in the first half of 2015. Excluding auto fuel, retail sales also climbed 1 percent in August after rising 0.7 percent a month ago. Sales were expected to rise slightly by 0.1 percent. Food store sales gained 0.2 percent and non-food store sales advanced 0.9 percent. Clothing and footwear sales dropped 0.2 percent, while auto fuel sales climbed 0.6 percent. Year-on-year retail sales volume growth improved to ..
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